South Africa’s eligibility has been called into question, with some US lawmakers citing the country’s stance on Russia and, most recently, Israel and Gaza
US deputy secretary of commerce Don Graves said Agoa’s renewal has strong bipartisan support, as lawmakers acknowledge the importance of the continent’s consumer base
Wamkele Mene said Agoa, which grants eligible African countries duty-free access to US markets, ought to pursue greater alignment with the African Continental Free Trade Area
Africa’s stock is rising amid the United States’ efforts to wrestle back economic influence on the continent
Trade unions from the US and sub-Saharan Africa will be calling for decent work to be put on the agenda at this week’s Agoa forum
Finance Minister Enoch Godongwana has emphasised the need to address supply-side constraints, such as the country’s energy and logistics crises
Finance Minister Enoch Godongwana said he would resist the temptation to respond to the entity’s call for a cash injection through the media
A report by treasury and the World Bank estimated the average funding gap for financing disaster response in South Africa at R2.3 billion
The treasury is looking to enforce strict conditions on the power utility, which is viewed as a major risk to the country’s economic outlook
The minister underlined that in the wake of efforts to grow the economy, the government must respect budget constraint